BTC/USDT – 1H – SELLThe pair moves from the ascending trendline down.
A descent down to the next support at 57493.300000000 will continue.
Caution: A possible change in the direction of the resistance line at 61320.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 59406.65 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 61320.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 65524.010000000 |
| 2nd High | 65000.000000000 |
| Next High | 61320.000000000 |
| Current Price | 59654.770000000 |
| Next Low | 57493.300000000 |
| 2nd Low | 57345.230000000 |
| 3rd Low | 55545.190000000 |